Fluor (NYSE: FLR) is expected to report Q2 earnings on Aug. 1. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Fluor's revenues will grow 1.5% and EPS will increase 6.3%.

The average estimate for revenue is $7.24 billion. On the bottom line, the average EPS estimate is $1.01.

Revenue details
Last quarter, Fluor logged revenue of $7.19 billion. GAAP reported sales were 14% higher than the prior-year quarter's $6.29 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, EPS came in at $1.02. GAAP EPS of $1.02 for Q1 were 12% higher than the prior-year quarter's $0.91 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 4.8%, 40 basis points better than the prior-year quarter. Operating margin was 4.3%, 50 basis points better than the prior-year quarter. Net margin was 2.3%, 20 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $29.16 billion. The average EPS estimate is $4.14.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,249 members out of 1,281 rating the stock outperform, and 32 members rating it underperform. Among 256 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 248 give Fluor a green thumbs-up, and eight give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Fluor is outperform, with an average price target of $74.39.

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